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Mississippi tax revenue collections up...

Mississippi tax revenue collections up $77 million above estimates

By: Sarah Ulmer - October 9, 2019

The Legislative Budget Office is reporting that total revenue collections for the month of September FY 2020 are $39,933,319 or 7.99% above the sine die revenue estimate. Fiscal YTD revenue collections through September are $77,013,798 or 6.38% above the sine die estimate. Fiscal YTD total revenue collections through September 2019 are $51,063,705 or 4.14% above the prior year’s collections.

The graph above compares the actual revenue collections to the sine die revenue estimate for each of the main tax revenue sources. The figures reflect the amount the actual collections for Sales, Individual, Corporate, Use and Gaming taxes were above or below the estimate for the month and fiscal year-to-date. The graph also compares fiscal year-to- date actual collections to prior year actual collections, as of September 30, 2019.

FY 2020_ Revenue Report_09-… by yallpolitics on Scribd

About the Author(s)
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Sarah Ulmer

Sarah is a Mississippi native, born and raised in Madison. She is a graduate of Mississippi State University, where she studied Communications, with an emphasis in Broadcasting and Journalism. Sarah’s experience spans multiple mediums, including extensive videography with both at home and overseas, broadcasting daily news, and hosting a live radio show. In 2017, Sarah became a member of the Capitol Press Corp in Mississippi and has faithfully covered the decisions being made by leaders on some of the most important issues facing our state. Email Sarah: sarah@magnoliatribune.com